San Diego, CA -- (SBWIRE) -- 08/23/2016 -- An investigation was announced on behalf of investors in NYSE:GEO shares over potential securities laws violations by The GEO Group Inc in connection certain financial statements.

Investors who purchased shares of The GEO Group Inc (NYSE:GEO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by The GEO Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On August 18, 2016, the Justice Department announced its plans to end its use of private prisons after officials concluded that such facilities are both less safe and less effective at providing correctional services than those run by the government. The contract prisons are operated by three private corporations, including GEO Group. Shares of The GEO Group Inc (NYSE:GEO) declined on August 18, 2016, to as low as $16.26 per share.

On August 22, 2016, NYSE:GEO shares closed at $24.63 per share.

Those who purchased shares of The GEO Group Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com